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ZIP Code · LA

ZIP 70131

Pop. 25,151·Orleans Parish·38th most expensive ZIP in Louisiana
Median rent (all units)
$1,511/mo
Year-over-Year
-2.6%
Month-over-Month
+4.2%
vs US Median
-$454
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 70131 · $1,511
More affordable than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,120
2 BR
$1,340
3 BR
$1,710
4 BR+
$2,000
Research median
$1,340/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,132/yr
At $1,511/mo median
Location
StateLA
CountyOrleans Parish
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-2.6% YoY, +4.2% MoM), not inventory.
Demographics

Who lives here

ZIP 70131 (New Orleans, LA) is majority owner-occupied, has a median income below the national average, 38.8% of residents hold a bachelor's degree or higher.

Population
25,151
Median income
$62,389
Median age
40
Renters
34.6%
Age distribution
21.4%
21.2%
26.1%
12.6%
18.7%
Under 1821.4%
18–3421.2%
35–5426.1%
55–6412.6%
65+18.7%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
21%
64.4%
White21%
Black64.4%
Hispanic9.8%
Asian3.3%
Other1.6%
Education (25+)
23.9%
29.3%
38.8%
No HS diploma8%
HS diploma23.9%
Some college29.3%
Bachelor's+38.8%
Housing tenure
65.4%
34.6%
Owner65.4%
Renter34.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 70131 in New Orleans, LA has changed in 5 years

Income
$56,464 → $62,389
up 10.5%
Population
27,160 → 25,151
down 7.4%
Renter share
41% → 34.6%
-6.4 pts
Bachelor's+
37.8% → 38.8%
+1.0 pts
Median age
38.4 → 40
+1.6 yrs

Census figures show median household income at $62,389 today, compared with $56,464 five years earlier. Headcount in the area went from 27,160 to 25,151 between 2021 and 2024, a 7.4% change. About 34.6% of households rent today, against 41% in 2021.

Community

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Local insights

Tips for renters in ZIP 70131

About renting in ZIP 70131

Last updated: July 20, 2026

ZIP code 70131 covers New Orleans, LA. The median rent here is $1,511/mo as of July 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,340/mo.

At 29% of local median household income ($62,389/yr), ZIP 70131 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 70131?

As of July 20, 2026, the median monthly rent in ZIP 70131 (New Orleans, LA) is $1,511. This is based on aggregated data from public sources and community submissions.

How does ZIP 70131 rent compare to the US average?

ZIP 70131's median rent of $1,511/mo is $454 (23%) below the US national median of $1,965/mo.

How does ZIP 70131 compare to other ZIPs in Louisiana?

ZIP 70131 falls in the middle range for Louisiana, ranking #38 out of 91 ZIPs at $1,511/mo.

How much income do you need to rent in ZIP 70131?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,511/mo in ZIP 70131. The local median household income is $62,389/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 70131?

Rent in ZIP 70131 has decreased 2.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 70131 an affordable place to rent?

ZIP 70131 is considered affordable for renters. At $1,511/mo, rent takes approximately 29% of the local median household income ($62,389/yr). The standard benchmark is 30%. ZIP 70131 falls comfortably within that range.

What percentage of ZIP 70131 residents rent vs. own?

According to Census data, approximately 34.6% of ZIP 70131 households are renters, while 65.4% are owner-occupied. ZIP 70131 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 70131 compare to the rest of New Orleans?

ZIP 70131 is more affordable than New Orleans overall. At $1,511/mo, it's $153 below the New Orleans citywide median of $1,664/mo.

When was rent data for ZIP 70131 last updated?

Rent data for ZIP 70131 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,511/mo, rent takes ~29% of ZIP 70131's median household income ($62,389/yr). The standard benchmark is 30%.

ZIP 70131 29%Benchmark 30%
State income tax1.85–4.25%
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Schools nearby

Public schools near ZIP 70131 (New Orleans, LA)

Recent submissions

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